Qtum Launches First Blockchain Node in Space

Qtum, which is an organizational project focusing on decentralized applications (DApps), announced on Twitter on Friday Feb 2nd that the first ever Blockchain node to work in space made by the Qtum team has been launched in space with the help of a Chinese satellite.

The company had, on January 31st, declared the launch date of the module to be February 2nd on Twitter, and had also started a countdown event for the same for people to follow the event.

But on the day of the launch, the countdown event was replaced by a link to China’s National Space Administration (CNSA) website detailing the successful launch of the Zhangheng-1 satellite. No mention of Qtum or Blockchain was present on the website. This change led to confusion among people following the launch event, with people on the official Qtum sub-reddit r/Qtum expressing their confusion. A video detailing the launch of the Chinese rocket was also posted on Qtum’s official Telegram channel. Subtitles were overlaid on top of the video saying that the video was proof of the successful launch of the first blockchain node into space.

DApps technology is different from Ethereum, as it uses the Unspent Transaction Output (UTXO) Blockchain framework. Using this framework ensures a higher degree of interaction with low power and low memory devices such as mobile and IoT devices.

Qtum also has an agreement with space exploration company Spacechain, which aims to build an open-source satellite network in order to bypass governmental pressure and regulation and protecting users’ data in space.

In an interview in November 2017, Zheng Zuo, the CEO of Spacechain, had spoken about the upcoming launch of a satellite running on network provided by Qtum. They also tweeted a video of the satellite launch, saying that the Chinese rocket carried a Spacechain satellite which ran a version of Qtum node.


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